South Korean-based Daelim, through its U.S. subsidiary, is joining with PTTGC America on a feasibility study for a petrochemical ethane cracker complex in Belmont County, OH. Although a final investment decision on the project has not yet been made, PTTGC already has invested more than $100 million ...

Texas oil & gas producers are off to a strong start in 2018 with the Texas Petro Index (TPI)
increasing
for the 14th straight month by continuing to increase production in response to higher wellhead prices. At 192.7 in January, the TPI was 25% higher than in January 2017 when the TPI stood at 153...

The Federal Reserve Bank of New York released the February 2018 Survey of Consumer Expectations, which shows a slight increase in short- and medium- term inflation expectations. Consumers' expectations about their personal financial situations
continued to improve
. Expectations about changes in taxes...

Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,917.0 billion, up 0.6% (±0.1%) from December 2017 and were up 3.7% (±0.3%) from January 2017.

U.S. factory activity held up to stand unchanged in July from June, managing to defy forecasts of a contraction and showing inflation pressures moderating, according to The Institute for Supply Management (ISM).

ISM said its index of national factory activity edged down to 50.0 from 50.2 in June.